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James Bowling, chief executive officer of residency and citizenship by investment facilitator, Monarch&Co, elaborates on the top five European Union (EU) residency programmes that investors can apply for to hedge their lifestyles abroad.

Of all the cities, towns and regions of the top ten retirement destinations listed by Live and Invest Overseas for 2017, Portugal’s southernmost region, the Algarve, took the lead for the fourth year in a row.

Portugal has actively encouraged new arrivals by offering favourable tax breaks through the "nonhabitual residence regime" (NHR). Qualifying for the NHR means one enjoys tax-free foreign income – like pensions – for the first 10 years of living in Portugal.

The support services, scholarship and funding as well as advanced facilities and research opportunities that the EU’s top universities provide, makes the EU especially popular amongst CBI investors with children seeking international tertiary qualifications. #monarch_co #citizenshipbyinvestment